Altcoins News
By Evie Vavasseur
1 / 15
Smart Money Sees ENA as Undervalued. Smart Money wallets, often described as professional or highly profitable traders, have been…
2 / 15
Spot Investors Build Conviction. The accumulation did not stop at Smart Money and new wallets.
3 / 15
Futures Traders Apply Bearish Pressure. Yet, the bullish enthusiasm in the spot market is clashing directly with bearish activity in the…
4 / 15
Liquidation Map Suggests Hidden Bullish Setup. Interestingly, liquidation data paints a more complex outlook.
5 / 15
Which Way Will ENA Break?. The current battle between spot accumulation and futures selling sets up an intriguing scenario.
6 / 15
Outlook for Traders
7 / 15
The crypto market is once again watching Ethena (ENA) with growing curiosity. In the past 24 hours, ENA dropped nearly 8%, cutting into the gains it built over the past month.
8 / 15
This mix of bullish accumulation and bearish profit-taking has left ENA traders questioning which camp will win in the days ahead.
9 / 15
Smart Money wallets, often described as professional or highly profitable traders, have been quietly increasing their exposure to Ethena.
10 / 15
The inflows are a strong sign that some of the market’s most experienced players believe ENA is undervalued at current levels.
11 / 15
Fresh participants contributed nearly $4.8 million worth of purchases, further strengthening the bullish case for ENA.
12 / 15
The accumulation did not stop at Smart Money and new wallets. Spot investors — those buying the asset directly rather than through futures or options — added major fuel to ENA’s…
13 / 15
Data from CoinGlass revealed that in just seven days, inflows from spot exchanges reached $46.45 million.
14 / 15
Backing this view, the Accumulation Distribution Indicator showed that 1.39 billion ENA tokens were absorbed during the same timeframe.
15 / 15
Open Interest — the total value of outstanding futures contracts — fell sharply by 7.54% in the last 24 hours, dropping to $1.25 billion.
The Currency Analytics
Want the full story?